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Listing Details - AMAZING INN AND WINERY OPPORTUNITY - www.chelseasun.com
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AMAZING INN AND WINERY OPPORTUNITY - www.chelseasun.com
(Lodging, Inns ; Lodging, Hotels; Lodging, Bed & Breakfasts)
MT.BETHEL/ NORTHAMPTON COUNTY, PA. - Pennsylvania, Northampton
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
H55588 |
| Status: |
Active |
Listing Details
| Listed Price: |
$7,000,000 |
| Down Payment: |
$1,500,000 |
| Total Sales: |
$2,404,500 |
| SDE: |
$1,202,250 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$500,000 |
Included? Yes |
| Real Estate: |
$7,000,000 |
Included? Yes |
| Inventory: |
$30,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
OWNER/ OPERATOR MOVING OUT OF STATE |
| Training: |
SELLER WILL COMPLETELY TRAIN |
| Financing Terms: |
$ 1.5 M DOWN AND SELLER WILL FINANCE THE BALANCE WITH REASONABLE TERMS
FINANCIALS ABOVE ARE PROJECTIONS |
Operations
| Year Established: |
2008 |
| Last Acquired: |
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| Form of Ownership: |
LLC |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: 4 / Part Time: 4 |
| Managers: |
1 |
| Hours: |
24/7 |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
15000 |
| Facilities: |
APPROXIMATELY 200 ACRES INCLUDING A FARM, VINYARD, WINERY , MAIN HOTEL, POOL, AND ASSORTED ADDITIONAL FACILITIES INCLUDING EXTRA BUILDINGS WHICH CAN BE RENTED OUT OR USED FOR DIFFERENT PURPOSES.
THERE IS POSSIBILITY TO USE ONE OF THE BUILDINGS FOR HORSE BOARDING AND INDOOR RIDING. |
Summary
| Business Description: |
The CHELSEA SUN INN is located in Mount Bethel. Pennsylvania, in the Northern portion of the Lehigh Valley (Northampton County). It Is located approximately 4 miles south of Route 80 ( accessed via Exit 4 in New Jersey, 70 miles west of Manhattan.
The Inn with construction/ renovation completed in late 2009 . consists of 40 Luxury Hotel Rooms . In addition, there are large common ground area facilities, including a professional kitchen,formal dining rooms,activity rooms,spa area, professional gym and formal lobby.The original building was constructed in 1811 .
Exterior areas . situated on approximately 185 acres, include an in-ground swimming pool, hot tub, rolling hills, circular driveway and grand entryway pillars with lions sitting prominently at the entry. In addition, there exists three large Harvester grain silos, a milk barn, and 4 other barn buildings for storage and business operations.
The Vineyard and winery is licensed to produce and sell not more than 200,000. gallons of wine annually. They presently grow grapes at the property in an on-site vineyard and purchase grapes for additional wine production.
Our projections for operations do not reflect significant upside potential to be realized upon stabilization of the business operations. Additional income, cross marketing, other sources of revenues( internet sales, related gifts, etc.) is not reflected in our projections at this time. There can be many additional profit areas added in the future as there are extra buildings which can be rented out or used for different purposes, such as a possibility for Horse Boarding and indoor riding, on this vast and amazing land in Pennsylvania.
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| Historical Summary: |
ALL NEWLY RENOVATED BUILDINGS IN PRISTINE CONDITION |
| Owner Qualifications: |
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| Competition: |
NO LOCAL COMPETITION AS THE HOTEL AND SURROUNDING ACREAGE IS TOTALLY UNIQUE. |
| Potential Growth: |
UNLIMITED WITH MAJOR MARKETING OPPORTUNITIES |
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